Search results for: “Terms of trade/”
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Incoterms
A codification of terms used in foreign trade contracts. Local customs and usage imported variations in meaning for such common terms as F.A.S., C.I.F., et cetera, often resulting in disputes between buyer and seller as to the respective obligations of each. In 1936 the Paris-based […]
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Incoterms
A codification of terms used in foreign trade contracts. Local customs and usage imported variations in meaning for such common terms as F.A.S., C.I.F., et cetera, often resulting in disputes between buyer and seller as to the respective obligations of each. In 1936 the Paris-based […]
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Terms of Trade
Summary of Terms of Trade An export-import price ratio derived by dividing indices of export prices by indices of import prices. For example, when export indices are 105 percent of a base period, and import indices are 98 percent of the same base period, then the terms of trade […]
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Purchase Price
Defined in 19 U.S.C. 162 as the price at which imported merchandise has been purchased, or will be purchased, prior to exportation. It is usually based on the ex factory price excluding any export duties levied in the country of manufacture. Within the framework of the European Economic Community…
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Withdrawal Price
A floor price at which European Economic Community producers of certain food products may withhold their goods from the market. The withdrawal price is generally below the base price (i.e., the target price set for a given commodity) and the purchase price at which EEC governments will intervene in …
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Withdrawal Price
A floor price at which European Economic Community producers of certain food products may withhold their goods from the market. The withdrawal price is generally below the base price (i.e., the target price set for a given commodity) and the purchase price at which EEC governments will intervene in …
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Document
Definition Document, strictly, in law, that which can serve as evidence or proof, and is written or printed, or has an inscription or any significance that can be “read”; thus a picture, authenticated photograph, seal or the like would furnish “documentary evidence.” More generally the word […]
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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Certificate of Origin
A document presented to customs authorities at the time of importation to authenticate the national origin of merchandise. The certificate is customarily issued by a recognized chamber of commerce or governmental authority in the country of origin….
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Certificate of Origin
A document presented to customs authorities at the time of importation to authenticate the national origin of merchandise. The certificate is customarily issued by a recognized chamber of commerce or governmental authority in the country of origin….
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Invisible Trade Balance
Hierarchical Display of Invisible trade balance European Union > European construction > EU relations > Balance of payments Invisible trade balance Concept of Invisible trade balance See the dictionary definition of Invisible trade balance. Characteristics of Invisible trade balance [rtbs […]
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Common Agricultural Policy
Common agricultural policy (CAP) and the Treaties of the European Union Description of Common agricultural policy (CAP) provided by the European Union Commission: The common agricultural policy is a matter reserved exclusively for the Community. Under Article 33 of the Treaty establishing the […]
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Common Agricultural Policy
Common agricultural policy (CAP) and the Treaties of the European Union Description of Common agricultural policy (CAP) provided by the European Union Commission: The common agricultural policy is a matter reserved exclusively for the Community. Under Article 33 of the Treaty establishing the […]